Independence Project First Series Of Holes Testing The North End


VANCOUVER - Golden Independence announced the next series of drill results from its recently completed 2020 resource expansion drill program at the Independence project, south of Battle Mountain, Nevada. Results from these three reverse circulation (RC) holes include: 0.454 g/t gold and 5.8 g/t silver over 120 feet (36.6 meters), and 1.043 g/t gold and 2.8 g/t silver over 40 feet (12.2 meters); 0.314 g/t gold and 5.6 g/t silver over 270 feet (82.3 meters), including 1.473 g/t gold and 23.3 g/t silver over 20 feet (6.1 meters); and 0.274 g/t gold and 3.6 g/t silver over 405 feet (123.4 meters), including 0.475 g/t gold and 3.4 g/t silver over 70 feet (12.3 meters).

"These are the first of a series of Golden Independence holes testing the intrusive at the north end of the property," said, President, Tim Henneberry. "While the oxides grades in the intrusive are a little lower than the chert, we continue to intersect good long intervals of continuous lower-grade mineralization with shorter higher-grade intervals. The deeper intersection in AGEI-23 of 1.043 g/t gold between 640 and 680 feet is significant as it is suggesting a potential deeper mineralized zone. We continue to expand the mineralized footprint at Independence as we work toward a mid H1 new resource estimate.”